The dramatic fall in oil prices since last summer will take a significant chunk out of the Nigerian government’s tax receipts, but we do not think it will be disastrous. Although measures to boost non-oil revenues and cut expenditure will drag on growth, they will help to sure up the public finances. As a result, we think that public debt will only rise slowly over the coming years.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services